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Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why

Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […] дальше »

2020-12-13 22:00


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Another One: Insurance Giant MassMutual Jumps Into The Institutional Bitcoin Game With A Hulking $100M Investment

Life insurance giant Massachusetts Mutual — better known as MassMutual— is the latest company to invest millions of dollars into the flagship cryptocurrency as part of its broad investment strategy. MassMutual’s $100 Million BTC Bet According to a report published by The Wall Street Journal on December 10, the Springfield, Massachusetts-headquartered insurance firm purchased $100 […] дальше »

2020-12-11 14:45


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MicroStrategy’s Bitcoin acquisition stirs panic, industry players proffer strategic solution

MicroStrategy has been on a Bitcoin buying spree since August when it took the cryptocurrency market by surprise, with a Bitcoin purchase of over 21,000 (BTC). In the month that followed, the Business intelligence giant reminded the crypto-landscape that it was just getting started with its long-term Bitcoin acquisition strategy, and acquired 16,766 BTC, another […] дальше »

2020-12-10 01:26


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MicroStrategy to MacroStrategy: CEO Michael Saylor Announces Purchase of $50 Million Worth of BTC

MicroStrategy might want to change its name to MacroStrategy if their bitcoin (BTC) purchases are anything to go by. MicroStrategy Buys Another $50 Million Worth of Bitcoin MicroStrategy, a publicly traded business intelligence firm has added another $50 million worth of BTC to its balance sheet. дальше »

2020-12-7 15:01


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Bitcoin Likely to See Further Downside After Price Fails to Break Key Level

Bitcoin has been facing some immense selling pressure as of late, with the resistance found within the mid-to-upper $19,000 region proving to be too much for bulls to handle Despite seeing another strong rejection here overnight, it is important to note that Bitcoin once again set another higher-high This indicates that the cryptocurrency could be on the cusp of seeing another bid at breaking through the resistance it has been struggling with The support it […] дальше »

2020-12-5 02:00


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Ethereum is a Hot Topic Following 2.0 Launch; Will This Boost Its Uptrend?

Ethereum and the entire crypto market have pushed higher overnight, which comes as Bitcoin gears up for another test of its all-time highs This push higher has allowed ETH to gain what appears to be a strong foothold within the lower-$600 region Any rejection or downturn seen by Bitcoin, however, could cause Ethereum’s price to plunge in tandem and once again lose this coveted level Data regarding the sentiment and social activity surrounding ETH seems […] дальше »

2020-12-4 00:00


Ukraine’s Cryptocurrency Draft Bill Received 67% Approval In its First Parliamentary Hearing

Ukraine has marked another milestone towards the path of crypto regulation, with the country’s proposed draft bill passing its first parliamentary hearing this week. This was the document’s initial debut in the Verkhovna Rada parliament and was passed by an overwhelming 240 votes out of the possible 340. дальше »

2020-12-4 19:37